Announcing the First International Conference on Modern Monetary Theory Economics for a New Progressive Era University of Missouri-Kansas City September 21–24, 2017 Conference site: mmtconference.org With Support From Robert Skidelsky and Morton Sosland UMKC Economics Club Journal of Post Keynesian Economics Featured Speakers Include Warren Mosler, Robert S […]
Lawyer with Responsibility for Mortgage Crisis Appointed to Take Care of Mortgage Banks NEP’s Bill Black appears on The Real News Network discussing Trump’s appointment of Craig S. Phillips, who contributed to the 2008 financial crisis at Morgan Stanley, to take care of FannieMae and FreddieMac. You can view with a transcript here. Lawyer with Responsibility […]
I read a social media quip today from someone who said they had “been banned from their library for moving the books on trickle down economics into the mythology section”. That is pure class. The mover not the banner. But … Read the rest of this entry »
On May 11, 2017, the European Central Bank (ECB) released its third Economic Bulletin for the year, the release date comes two weeks after each of their monetary policy meetings. In Issue 3, there is some interesting analysis on both … Read the rest of this entry »
from Lars Syll So what’s wrong with the economy? … A 2002 study of United States fiscal policy by the economists Olivier Blanchard and Roberto Perotti found that ‘both increases in taxes and increases in government spending have a strong negative effect on private investment spending.’ They noted that this finding is ‘difficult to reconcile […]
from David Ruccio I continue to maintain that Congressional Republicans will stick with President Donald Trump until they get their favorite policies enacted—or until Trump’s missteps and declining popularity stand in the way of their getting what they want. And one of the things they want is tax reform—specifically, a cut in corporate taxes. Here’s […] […]
Larger than expected and last month revised higher, indicating GDP was a bit lower than estimated, and weak sales matched with weak inventories don’t clear the shelves: Highlights A key early indication on the strength of second-quarter GDP is not favorable as the nation’s goods deficit widened $2.5 billion in April to $67.6 billion. Exports […] The post Tra […]
Not good: Highlights Purchase applications for home mortgages fell a seasonally adjusted 1 percent in the May 19 week, but refinancing applications rose 11 percent from the previous week to the highest level since March. The drop in purchase applications follows a 3 percent decrease in the prior week and takes the year-on-year purchase index […] The post Mtg […]
Les journaux réputés les plus sérieux ont salué la baisse au mois d’avril du nombre de demandeur d’emplois en catégorie A comme spectaculaire. De fait cette dernière a bien baissé de 36 300 personnes....
Traduction en espagnol de ma note du 16 mai « Victoire et défaite des idées souverainistes », publiées sur RussEurope ici Francia: Victoria y derrota de las ideas soberanistas Jacques Sapir Жак Сапир Traduit par María Piedad...
Par Bill MitchellThe dreaded NAIRU is still about!16 Avril 2009Traduction collective avec Frapper MonnaieBill Mitchell est Professeur de recherche en économie et Directeur du Centre du Plein Emploi et Équité (CofFEE), a l'Université de Newcastle, NSW Australia.L’épouvantable NAIRU est toujours d’actualité ! Je pensais – de façon optimiste – qu'il d […]